Today we are at the dawn of a dramatically reshaped telecom landscape. When North River Ventures began creating growth models for the telecommunications industry over a decade ago, they observed that the lack of Wal-Mart scale economics would implode first the IXC business and then force consolidation on the wireless carriers and the IECs. This process has unfolded exactly as NRV predicted and consolidation has accelerated throughout 2004-2005 as the strong devoured the weak and repositioned themselves for their next looming battles. WorldCom devoured MCI, collapsed, renamed itself MCI, and was in 2005 acquired by Verizon in an $8.5 billion merger. SBC acquired AT&T for $16 billion and renamed itself AT&T. Sprint merged with Nextel in a $35 billion deal. SprintNextel in turn acquired its affiliates for $6.5 billion. In 2004, Cingular, a joint venture between BellSouth and SBC, acquired AT&T Wireless for $47.5 billion. Almost every penny of that $113+ billion shareholder money was spent to achieve elusive scale economies. Each of these deals was an attempt to position companies against competitors by offering a broader array of “seamless” services in order to aggregate user demand, gain scale economies, and improve profitability. In effect: become a mass marketer of communications services. In short, the goal is to replicate Wal-Mart economics in telecom. The critical question is this possible given existing business models? As North River Ventures pointed in 1995, Wal-Mart’s growth engine is so efficient that Wal-Mart doesn’t need to make acquisitions. In fact, Wal-Mart acquired nothing until it expanded overseas, and only then once its own management system was so effective that it could easily absorb, and
Personal and Professional development and why these are key Management Functions. By Md. Shohag Rana Student ID: LC0088 Declaration of Originality I M Shohag Rana declare that this report on Personal and Professional Development is my own work and has not been submitted in any form for another degree or diploma at any university or other institute of tertiary education. This work has been done under the supervision of London College of Business Management and Computing…
HEA 450 Assignment Professional and Management Development Within this assignment I will utilise the Nursing and Midwifery Council Standards of Proficiency (NMC 2004a) for entry to the register to critically reflect upon my portfolio of evidence in order to demonstrate that I am fit to practice. In doing this I will discuss the terms ‘proficiency’ and ‘reflection’. I will identify the model of reflection I am going to use within this assignment and will give a rationale for this choice. For…
IMA 2013 International Salary Survey Report Summary The article, written by Raef Lawson, examines the Institute of Management Accountants (IMA) global survey of management accounting professionals. The survey was part of the IMA’s international expansion regarding the examination of salaries and compensation, and the impact that various factors have on that compensation. (Lawson, 2014) The survey encompassed the U.S. and Canada, the Middle East, Europe, and Asia. The data obtained in the survey…
Construction Safety «¿r-Reviewed mm»,,. Quality Ma mi n T An Expanding Role for SH&E Professionals truction gement By Sathy Rajendran, Brian Clarke and Richard Andrews he role of construction safety professionals has significantly expanded over the past decade. The industry employs thousands of safety professionals, most of whom work for contractors (general or subcontractors). Prior to the 1980s, only a few progressive owners held employees and construction contractors…
best be described as a strategic thinker in both my personal and my professional life. I like to describe myself as a strategic thinker because before making any decisions, I try to review all the possible options out there. I try to see what the best as supposed to the other option is. I also try to review the pros and cons to each option and assess where each option would lead me to my long term goals. Even in my professional life, I also try to take into account how each option will affect others…
Resources Association of Central Ohio through an Advisor here at CSCC, as I was endeavoring to find my professional place in this world. After I was asked a series of targeted and carefully selected questions about my personal and professional likes, dislikes, strengths and weaknesses’, it was recommended to me that I should embark upon an exploration into the world of Human Resources Management. I was then told that the easiest way to do so while currently being a full-time student was to contact…
Chapter 1 #4 (a) Review & membership PMI is the world's leading not-for -profit professional membership association for the project, program and portfolio management profession. PMI involves in nearly every country in the world through global advocacy, collaboration, education and research. PMI is founded in 1969 and currently deliver more than 2.9 million professionals. HIS (Human Systems Internationals) provides benchmarking services to leading business and government as part of PMI family. As…
accounting is of utmost importance to accounting professionals and those who rely on their services. Certified Public Accountants (CPAs) and other accounting professionals know that people who use their services, especially decision makers using financial statements, expect them to be highly competent, reliable, and objective. Those who work in the field of accounting must not only be well qualified but must also possess a high degree of professional integrity. A professional's good reputation is one…
Navpreet K. Bassi Rasmussen College PATH: Professionalism/Attitude/Time Management/Hygiene 01/30/2015 Author’s Note This is my week # 4’s PATH Project written assignment fully called PATH: Professionalism / Attitude / Time Management / Hygiene for Clinical Skills 2 course for Prof. Mrs. Ferrell on Friday- January- 30th, - 2015 by Navpreet K. Bassi. The most important thing that I always heard, kept in my mind, followed the steps for, and watch out for since being in the MA program…